Pambazuka News 532: Time to bury the IMF

Governments and international institutions that once bankrolled the authoritarian regimes of Tunisia’s Zine El-Abidine Ben Ali and Egypt’s Hosni Mubarak have begun floating aid packages to speed up the economic recovery and transition to democracy in these countries. Arab revolutionaries have reason to be wary. 'Very few details have been offered about the form this aid will take,' cautions Amr Hassanein, chairman of MERIS, a regional affiliate of Moody’s credit ratings agency. 'But as genero...read more

Pharmaceutical industries in emerging markets are shifting their focus away from poor to developed countries, which will affect access to cheap generic medicines. Poor states should tackle this development by capitalising on the international trade exemptions they still enjoy regarding medicines as 'intellectual property'. These comments come from a new report by the United Nations Conference on Trade and Development (UNCTAD), titled 'Investment in Pharmaceutical Production in the Least Devel...read more

A radical rethink of current energy policy can cut South Africa's greenhouse gas emissions by 80 per cent in 2050 compared to 1990 levels. More than that - after an initial spike in investment - South Africans four decades down the line would pay 23 billion dollars per year less for their electricity compared to business as usual. This scenario is presented in a report titled 'The Advanced Energy [R]evolution: a Sustainable Energy Outlook for South Africa', presented on 25 May in Johannesburg...read more

This Human Rights Watch report calls on the government to bring to justice those responsible for massacres in 2007 and 2009. It says that the government should strengthen the judiciary and provide it with adequate resources, rein in and reform the security sector, and ensure that Guinea’s population can benefit from the country’s abundant natural resources. Human Rights Watch also recommended establishing a truth commission to uncover the causes of Guinea’s violent past and an anti-corruption...read more

Rwanda's community-based gacaca courts have helped communities confront the country's 1994 genocide but have failed to provide credible decisions and justice in a number of cases, Human Rights Watch said in a report released 31 May. As the gacaca courts wind down their work, Rwanda should set up specialised units in the national court system to review alleged miscarriages of justice, Human Rights Watch said. The 144-page report, 'Justice Compromised: The Legacy of Rwanda's Community-Based Gac...read more

Pages